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A multifamily site, Remington at Rockwall Downes, consists of 42.6 acres and is planned to be a two-phase project with each phase consisting of 295 units, as the zoning will allow up to 590 units.
Institutional investors continue to focus on well-located, stable medical office assets that are aligned with major healthcare systems as well as highway frontage and surrounding retail in Houston.
In general the data center real estate market thrived last year with investment totalling more than $20 billion -- surpassing the volume for the three previous years combined.
Construction of major infrastructure on Site A will commence later this month, representing the first major public/private development at Alameda Point since Naval Air Station Alameda closed in 1997.